Companhia Siderúrgica Nacional (NYSE:SID) was downgraded by analysts at TheStreet from a “b” rating to a “c+” rating in a research report issued to clients and investors on Wednesday, TheStreetRatingsTable reports.
Shares of NYSE SID opened at $8.84 on Wednesday. The firm has a 50-day simple moving average of $8.66. The firm has a market capitalization of $12.27 billion, a PE ratio of 6.14, a price-to-earnings-growth ratio of 0.13 and a beta of 1.89. The company has a debt-to-equity ratio of 1.77, a current ratio of 1.80 and a quick ratio of 1.46. Companhia Siderúrgica Nacional has a 52 week low of $1.88 and a 52 week high of $10.33.
Companhia Siderúrgica Nacional (NYSE:SID) last issued its earnings results on Friday, May 7th. The basic materials company reported $0.70 EPS for the quarter, beating the Zacks’ consensus estimate of $0.51 by $0.19. The business had revenue of $2.18 billion during the quarter, compared to analysts’ expectations of $2.17 billion. Companhia Siderúrgica Nacional had a net margin of 29.22% and a return on equity of 105.00%. Equities research analysts expect that Companhia Siderúrgica Nacional will post 2.88 earnings per share for the current fiscal year.
Companhia Siderúrgica Nacional Company Profile
Companhia SiderÃºrgica Nacional operates as an integrated steel producer in Brazil and Latin America. The company operates in five segments: Steel, Mining, Logistics, Energy, and Cement. It offers flat steel products, such as high, medium, low carbon, micro-alloyed, and interstitial free slabs; hot-rolled products, including heavy and light-gauge hot-rolled coils and sheets; cold-rolled products comprising cold-rolled coils and sheets; galvanized products; tin mill products that consist of flat-rolled low-carbon steel coils or sheets; and profiles, channels, UPE sections, and steel sleepers for the distribution, packaging, automotive, home appliance, and construction industries.
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